China’s government recently announced a series new economic measures aimed at boosting the property and stock market, and that has caused China-based stocks to surge last week. The central bank last week unveiled a swap program initially worth 500 billion yuan (USD71.3 billion) to fund stock purchases by brokers, funds and insurers. It will also … Continue reading My S$10,000 Bet On China | Why I Am Buying Into Chinese Stocks (ETF)
Tag: how to trade safely in options
Selling PUT Vs. BULL PUT Spread Options Strategy | Comparing The 2 Options Strategy (Pros & Cons)
In 2023, one particular options strategy worked very well for me and that is the SOP Strategy, which stands for Selling OTM PUT. It allows me to gain $29.4k profits and has an extremely high success rate of 96.4% Read more here: How This Options Strategy Help Me Gain $29.4K Profits & 96.4% Success Rate … Continue reading Selling PUT Vs. BULL PUT Spread Options Strategy | Comparing The 2 Options Strategy (Pros & Cons)
3 Beginner Mistakes That I Would Avoid As An Options Trader (If I Can Start All Over Again)
If I have a chance to turn back time and with today's knowledge and experience, I would avoid these 3 beginner mistakes and they are selling ITM PUT, selling ITM CALL and buying OTM LEAPS. I will elaborate on each one and how avoiding these strategies may help you avoid some pitfalls in your options … Continue reading 3 Beginner Mistakes That I Would Avoid As An Options Trader (If I Can Start All Over Again)
My USD26k Bet On Nvidia
I currently own 1500 Nvidia shares at an average price of USD56.81. They are all locked in Covered CALL positions with a strike price of USD26 and expiration date in Dec 2026. The reason why my strike price is much lower than my breakeven price was because I sold my Covered CALL positions at the … Continue reading My USD26k Bet On Nvidia
Trading Review Aug 24 (-$8,915 Loss) | Broke My 10 Month Winning Streak | What Went Wrong?
August was a disastrous month in trading as I made a total loss of nearly $$9k, mainly from closing 2 options contracts to increase my excess liquidity for my trading account, as well as cutting loss on hedges that did not work out. All these happened because of the market meltdown happening on 5 Aug … Continue reading Trading Review Aug 24 (-$8,915 Loss) | Broke My 10 Month Winning Streak | What Went Wrong?
My New Liquidity Crisis And How I Am Dealing With It
I first shared about my margins account liquidity issue when my unrealised loss in my Nvidia SELL contracts was snowballing to USD141.5k because I sold at the worst possible time and went into naked SELL CALL. Then it was Tesla's turn as the share price kept dropping and that caused my liquidity to keep dropping … Continue reading My New Liquidity Crisis And How I Am Dealing With It
Trading Review July 24 ($3,191.01 Profits) | 10th Month Running Positive Returns | Sharing All My Trades
July was the month where the tech stocks, especially the Magnificent 7, went through a correction. A good CPI reading cause a sell-off in Mag 7 with funds being rotated into small caps stocks. The market also experienced a huge sell-off towards the month end when Tesla and Alphabet's earnings did not meet expectations. The … Continue reading Trading Review July 24 ($3,191.01 Profits) | 10th Month Running Positive Returns | Sharing All My Trades
My Trading Journal (17 July 24) | +USD1296 Profits (Shares & Options)
The market was in a selloff on 17 July, especially the chip companies, so I exited some of my positions in the chip companies that I owned. [17 July 24] +USD196 Profits, Closed AMD CC CALL I closed my AMD Covered CALL which I sold (opened) just one day ago. I had wanted to sell … Continue reading My Trading Journal (17 July 24) | +USD1296 Profits (Shares & Options)
My 4k Unrealized Profits Vaporized 90% In A Single Trading Day
I bought 10 Tesla OTM CALL (20 Dec 24, SP 460) on 3 July to capture the upside of Tesla, whose share price rose by more than 40% in less than a month after announcing better-than-expected delivery results. Each CALL contract costs USD400 and I paid a total of USD4,000. When the CPI results was … Continue reading My 4k Unrealized Profits Vaporized 90% In A Single Trading Day
Trading Review June 24 ($4,247.10 Profits) | 9th Month Running Positive Returns | Sharing All My Trades
June 2024 was my 9th consecutive profitable months and I wish to share with you all the trades that I made in June so that you can use them as a reference for your own trades. The profit/ loss summary table of my 3 main options strategies is as follows: The details of the trades … Continue reading Trading Review June 24 ($4,247.10 Profits) | 9th Month Running Positive Returns | Sharing All My Trades
Learning Investment With Jason Cai 